Estimated payment $3,581/month
Discover this fantastic investment opportunity! This multi-family property is close to everything. The units feature hardwood floors, spacious living room. The classic brick exterior not only adds timeless charm but also reduces maintenance costs by eliminating the need for painting. Plenty of storage with carport and unit 4012 has a shed. This 4-bed, 2-bath property spanning 1920 sq. ft. offers tremendous potential for investors. Currently configured as a 2-unit building, it's zoned for up to 9 units, presenting an exciting opportunity for rental expansion or townhouse development. Don't miss this chance to own a low-maintenance, high-potential investment in prime Tacoma location. 30 yrs New Roof installed on 7/18/25.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2344226
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,850 | $541,600 | $228,000 | $313,600 |
| 2024 | $5,850 | $563,400 | $220,300 | $343,100 |
| 2023 | $5,850 | $525,600 | $210,700 | $314,900 |
| 2022 | $5,016 | $507,600 | $206,700 | $300,900 |
| 2021 | $4,664 | $371,100 | $113,400 | $257,700 |
| 2019 | $3,985 | $353,000 | $91,300 | $261,700 |
| 2018 | $4,134 | $306,600 | $79,800 | $226,800 |
| 2017 | $3,683 | $261,700 | $60,300 | $201,400 |
| 2016 | $3,060 | $200,500 | $42,900 | $157,600 |
| 2014 | $2,899 | $176,000 | $41,500 | $134,500 |
| 2013 | $2,899 | $149,300 | $38,800 | $110,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | For Sale | $559,950 | -- | $292 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $232,219 | F A T C O | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Wfg Natl Title | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | Fatco | |
| Warranty Deed | $431,000 | Transnation Title | |
| Warranty Deed | $95,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,375 | New Conventional | |
| Previous Owner | $191,750 | New Conventional | |
| Previous Owner | $198,750 | Purchase Money Mortgage | |
| Previous Owner | $434,703 | Commercial | |
| Previous Owner | $434,703 | Commercial | |
| Previous Owner | $157,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $120,000 | Unknown | |
| Previous Owner | $270,000 | FHA | |
| Previous Owner | $66,500 | No Value Available |
$574,950
Fully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with a house hacking opportunity. Unit C is currently vacant and ready for move in today! Adjacent units are occupied with leases at current market rent prices!! Each unit is 550 sq ft, 1 bedroom, 1
Kristi Nicole Theory Real Estate
$525,000
This well-maintained duplex in the heart of Tacoma presents a strong investment opportunity with future upside. Centrally located near the Tacoma Mall, major freeways, and key amenities, property offers stable rental income in a high-demand area.Major upgrades have already been completed, including a new roof in 2023,new water lines and side sewer in 2006,double-pane vinyl windows, new attic and
Brian Thayer Keller Williams Rty Tacoma
$499,000
Charming, Updated Duplex with Major Upgrades! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 full bathroom. Both units provide comfortable living with newer flooring, appliances, and thoughtful improvements throughout. Significant updates include a new sewer line (2023), new roof and gutters (2022). 2017 improvements include new appliances, windows,
Summer Wilborn Better Properties N. Proctor
$459,950
Excellent Investment Opportunity with this Newly Renovated Side-By-Side duplex. One unit has its own garage. Just invested over $35K in renovations within the last year, both units are in excellent condition and building is fully leased. This TURNKEY duplex is an amazing investment, convenient location, and fully occupied with an institutional national company for immediate ROI. Each unit has 2
Jeff Jensen Keller Williams Rty Tacoma
$595,000
Well maintained property in a great location on a large corner lot. Property offers carport parking for 3 units along with off-street parking and storage. Tenants have use of 952sqft in the basement for storage and/or projects. Coin-op washer and dryer is located in the utility room. Units have been updated. Cap Rate is 6.2%. Drive-by Only. Do not disturb tenants. Buyer to verify
Greg Barrett Realty ONE Group Orca Gold
$568,888
South Tacoma Duplex that has a ton of upside!!! A duplex that has been updated in the last 2 years also has a garage that has the potential for a 3rd unit. The garage has power, water, and a drain for extra possible income!!! Upgrades include roof, flooring, millwork and doors, appliances, siding, as well as gutters!! Low vacancy rate with a lot of room for potential! Current rents are low,
Greg clapshaw John L. Scott R.E. Lake Tapps
$529,500
Great Investment Opportunity! Discover this cash-flowing triplex on a spacious corner lot. Currently occupied a long-term tenant. Unit B (1 bedroom) and Unit C (2 bedroom) are ready for the next tenants or for you to owner occupy! Features include additional storage, on-site laundry facilities, and 5 dedicated parking spots and ample street parking. Build a DADU for additional income!
Chi Nguyen COMPASS
$620,000
Opportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on each side. Quiet dead end street with easy access to JBLM, Tacoma, I-5, Hwy 16, the Sounder Train, golf course, Puget Sound beaches, Tacoma Community College, and lots of shopping and services.
Anikah Awan Theory Real Estate
$575,000
BRAND NEW EVERYTHING DUPLEX! Best duplex on the market in Tacoma! Move in one side and rent the other OR fill with your own tenants and you set the price on rent! This place has gone through an amazing transformation and will leave you speechless upon entry. With this investment, everything has been thoughtfully done with professionalism - NEW roof, siding, electrical, plumbing, kitchens,
Macartney McQuery Redfin
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2344226
APN: 289000-0190
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